About Drywall
Drywall, also known as wallboard or gypsum board, is made up of thin panels of gypsum board sandwiched between two layers of special paper. It provides better insulation than its alternatives plaster and is less expensive. Its functions such as easier installation and fire resistance ability bolster the demand. Drywall is prone to water damage as it contains gypsum, paper, organic additives and binders which in turn hampers its growth. Countries such as China, India, Brazil and others are expected to drive the demand.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.21% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Drywall market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
USG [United States], BNBM [China], Saint-Gobain [France], Etex Corp [United States], Knauf [Germany], National Gypsum [Saudi Arabia], Boral [Australia], Yoshino [Japan], Baier [China], Hengshenglong [China], Yingchuang [China] and Bochuan-Chuncui [China] are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Eagle Materials [United States], CertainTeed Corporation [United States], Lafarge [France], Etex Group [Belgium], Fermacell GmbH [Germany], PABCO Building Products, LLC [United States], AMERICAN GYPSUM Co LLC [United States] and Continental Building [United States].
Segmentation Overview
AMA Research has segmented the market of Global Drywall market by Type (Regular Drywall, Moisture Resistant Drywall and Fire Resistant Drywall) and Region.
On the basis of geography, the market of Drywall has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by End Users, the sub-segment i.e. Residential will boost the Drywall market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Use in Maintenance and Repair and Rising Demand of Aesthetically Appealing Drywall
Market Growth Drivers:
Rising Construction Activities and Rapid Industrialization and Cost-effectiveness and Ease of Installation
Challenges:
Difficulty Associated with Recycling and Lack of Durability
Restraints:
Prone to Water Damage Limits Its Application and Availability of Various Alternatives
Opportunities:
Infrastructural Development in Emerging Economies and New Design with Aesthetic Texture
Market Leaders and their expansionary development strategies
In January 2020, Specialty dealer Foundation Building Materials (FBM) acquired Associated Drywall Suppliers in Louisville, Ky. The terms of the transaction were not disclosed by the company.
In November 2020 , A new producer of offsite drywall components has launched to help reduce on-site waste, increase the quality of board cuts and drive efficiencies in the installation process.
ASTM (American Society for Testing and Materials) states that gypsum board (drywall) must contain no greater than 10 parts per million (ppm) of orthorhombic cylooctasulfur (elemental sulfur or “S8”) when tested in accordance with the test methods for determination of S8 in Gypsum panel products by liquid extraction for analysis by liquid or gas chromatography. Also, manufacturer must have General Certificate of Conformity (GCC) certifying compliance with the sulfur content limits of ASTM C1396-14a.
Key Target Audience
Drywall Manufacturers, Potential Investors, Government Agencies, Research Institute, Real State Developers Companies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.